Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward 0M

Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

As demand grows for privacy-first enterprise AI that can run without sending sensitive data to the cloud, SpotDraft has raised $8 million from Qualcomm Ventures in a strategic Series B extension to scale its on-device contract review tech for regulated legal workflows. The extension values SpotDraft at around $380 million, the startup told TechCrunch, nearly…

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Qualcomm to acquire semiconductor firm Alphawave Semi for .4B

Qualcomm to acquire semiconductor firm Alphawave Semi for $2.4B

Qualcomm has agreed to acquire Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion. According to Qualcomm CEO Cristiano Amon, the deal will help Qualcomm grow its data center business. “The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across…

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Phone chipmaker Qualcomm fixes three zero-days exploited by hackers

Phone chipmaker Qualcomm fixes three zero-days exploited by hackers

Chipmaker giant Qualcomm released patches on Monday fixing a series of vulnerabilities in dozens of chips, including three zero-days that the company said may be in use as part of hacking campaigns.  Qualcomm cited Google’s Threat Analysis Group, or TAG, which investigates government-backed cyberattacks, saying the three flaws “may be under limited, targeted exploitation.”  According…

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#Qualcomm may be trying to buy Intel

#Qualcomm may be trying to buy Intel

Chipmaker Qualcomm is trying to buy rival Intel, according to multiple reports. The Wall Street Journal broke the news late Friday that Qualcomm had approached Intel about a takeover. The New York Times subsequently corroborated the story, while adding that no official offer has been made. Even if there is an offer, it’s not clear…

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